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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 21, 1999
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Special Devices, Incorporated
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(Exact name of registrant as specified in charter)
Delaware 0-19330 95-3008754
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(State or other jurisdiction (Commission (IRS employer
of incorporation) file number) identification no.)
14370 White Sage Road, Moorpark, California 93021
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (805) 553-1200
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Not applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENT.
Effective October 1, 1999, Thomas W. Cresante will become the new Chief
Executive Officer of Special Devices, Incorporated, replacing George A. Sawyer,
a director of the Company who served as President and Chief Executive Officer on
an interim basis. Mr. Cresante has entered into a two-year employment agreement
with the Company. Mr. Sawyer, who will step down as President and Chief
Executive Officer of the Company on October 1, 1999, will remain on the Board of
Directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 22, 1999
SPECIAL DEVICES, INCORPORATED
By /s/ JOSEPH A. STROUD
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Joseph A. Stroud
Executive Vice President and Chief
Financial Officer
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